LIS taken over by RedPrairie

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RedPrairie Corporation, a leader in global supply chain technology solutions, has bought supply chain execution provider LIS. Operating under the RedPrairie name, the enlarged group projects 2004 revenues of US$130M and has more than 600 people from offices in the US, UK, mainland Europe and China. Partners also offer RedPrairie solutions in 11 countries, including Russia and South Africa, and in Latin America.

John Jazwiec, who continues to head up the expanded RedPrairie as company leader, says the acquisition benefits both companies and their respective customers.

Jazwiec explains: “We have complementary products, geographies and industry focus enabling us to leverage our combined service and R&D expenditures to produce end-to-end supply chain solutions that create competitive advantage for our customers. More importantly, we share a common dedication to helping customers achieve measurable results from these solutions.”

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